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Vestin Realty Mortgage II (Vestin Realty Mortgage II) Financial Strength : 0 (As of Sep. 2016)


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What is Vestin Realty Mortgage II Financial Strength?

Vestin Realty Mortgage II has the Financial Strength Rank of 0.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

Vestin Realty Mortgage II did not have earnings to cover the interest expense. Vestin Realty Mortgage II's debt to revenue ratio for the quarter that ended in Sep. 2016 was 0.02. As of today, Vestin Realty Mortgage II's Altman Z-Score is 0.00.


Competitive Comparison of Vestin Realty Mortgage II's Financial Strength

For the Mortgage Finance subindustry, Vestin Realty Mortgage II's Financial Strength, along with its competitors' market caps and Financial Strength data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Vestin Realty Mortgage II's Financial Strength Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Vestin Realty Mortgage II's Financial Strength distribution charts can be found below:

* The bar in red indicates where Vestin Realty Mortgage II's Financial Strength falls into.



Vestin Realty Mortgage II Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Vestin Realty Mortgage II's Interest Expense for the months ended in Sep. 2016 was $-0.00 Mil. Its Operating Income for the months ended in Sep. 2016 was $-2.09 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2016 was $0.08 Mil.

Vestin Realty Mortgage II's Interest Coverage for the quarter that ended in Sep. 2016 is

Vestin Realty Mortgage II did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Vestin Realty Mortgage II's Debt to Revenue Ratio for the quarter that ended in Sep. 2016 is

Debt to Revenue Ratio=Total Debt (Q: Sep. 2016 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0.084) / 5.056
=0.02

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Vestin Realty Mortgage II has a Z-score of 0.00, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Vestin Realty Mortgage II  (OTCPK:VRTB) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Vestin Realty Mortgage II has the Financial Strength Rank of 0.


Vestin Realty Mortgage II Financial Strength Related Terms

Thank you for viewing the detailed overview of Vestin Realty Mortgage II's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Vestin Realty Mortgage II (Vestin Realty Mortgage II) Business Description

Traded in Other Exchanges
N/A
Address
9130 W. Post Road, Suite 130, Las Vegas, NV, USA, 89148
Vestin Realty Mortgage II Inc is active in the financial services domain. The company invests in loans secured by real estate through deeds of trust or mortgages. It also invests in, acquires, manages and sells the real property and acquires entities involved in the ownership or management of the real property. Vestin functions through two segments; Investments in Real Estate Loans, and Investments in equity securities of publicly traded companies.